November 27 2007 - Sandor Purchases Chicago Dominick's
CHICAGO, IL— Sandor Development Company, headquartered in Indianapolis with offices in Scottsdale, AZ., and Richmond, VA., is pleased to announce its recent purchase of a 50,664 square foot Dominick’s grocery, at 255 E. Grande Avenue, in the Streeterville area of downtown for nearly $23,000,000. |
October 11 2007 - Has Ollie's got a deal for you
RICHMOND, VA - "Orange you glad you checked out Ollie's?"
The first customers through the doors at the grand opening of Ollie's Bargain Outlet yesterday were handed oranges with a sticker asking that question.
The fruity favors set the tone of the shopping experience at Ollie's, a no-frills bargain hunter's paradise just off Chippenham Parkway in Chesterfield County.
At Ollie's, "it's all slice-of-life humor," said Mark Butler, the 55-store chain's president and chief executive. "If I can get you to giggle, and get you to look at the merchandise for what it really is -- which is a good value and a bargain -- then you'll buy it, we'll treat you right and you'll come back." |
September 21 2007 - On top of his game
INDIANAPOLIS - Sid Eskenazi was living in a tiny house south of downtown during the Great Depression when he discovered the board game Monopoly.
Buying and developing make-believe properties with make-believe money inspired the grade-schooler. And he was good at it. So several years later, after earning a law degree from Indiana University, Eskenazi began playing what he likes to call “adult Monopoly.” He bought one property at a time with real money. His game pieces were retail strip centers. Again, he was good at it. |
September 20 2007 - New deli opening creates jobs for college students
BLOOMINGTON, IN - After several years of vacancy, a space in Eastland Plaza, located between Third Street and College Mall Road will reopen as a McAlister’s Deli franchise, creating new employment opportunities for IU students and local residents.
Greg Prine, general manager of Bloomington’s first McAlister’s, expects to employ a mix of 75 to 80 students and residents once it opens Oct. 1. Prine said the deli understands students are busy and tries to work with their schedules. |
August 30 2007 - Lafayette Place gets new owner, lease on life
INDIANAPOLIS - The Westside retail area near Lafayette Place shopping center has seen its ups and downs in recent years.
A Super K at 3583 Commercial Drive -- located in the shopping center -- was closed by Kmart in 2003, and other big-box stores in Lafayette Square Mall and adjacent strip centers along West 38th Street have come and gone.
That hasn't dissuaded Sandor Development Co. from trying its luck at re-leasing and possibly redeveloping Lafayette Place. |
July 11 2007 - Sand Capital purchases first mortgage
NDIANAPOLIS— Sand Capital, a limited liability company controlled by the principals of Indianapolis-based Sandor Development Company, which specializes in the purchase of sub- and non-performing notes secured by retail shopping centers, purchased the mortgage note on Lafayette Place, 3651 Commercial Drive. The center is located on the southeast corner of W 38th Street and Lafayette Road, Indianapolis, IN. |
June 7 2007 - Sandor purchases Cookeville, TN Kohl's
COOKEVILLE, TN— Sandor Development Company, headquartered in Indianapolis with offices in Scottsdale, Ariz., and Richmond, Va., is pleased to announce its recent purchase of a Kohl’s Department store, 700 West Jackson Street. Sandor is currently seeking ground leases for sale, and purchased the 68,725 square foot
property, along with its 8.9 acres, for $3,253,000 from NAP Cookeville LLC, an Ohio limited liability company. |
May 23 2007 - ICSC 2007 Spring Convention a Success
With a newly designed and constructed 1,200 square foot booth, Sandor Development made strides at this year's ICSC Spring Convention in Las Vegas. The 2007 convention featured more than 50,000 delegates. |
March 23 2007 - Kohl's purchase final
GRAND PRAIRIE, TX - Sandor is pleased to announce the purchase of an 87,159 square foot Kohl’s in Grand Prairie, Texas. The all cash purchase, finalized at $5,328,333, encompasses 10.95 acres and is located at 3865 South Carrier Parkway. The transaction was closed from start to finish in just 8 days. |
November 3 2006 - Final phase of Safeway Plaza to wrap up
KINGMAN, AZ - Completion of the third and final phase of the development in the north Safeway plaza is fast approaching, with a national pizza chain possibly added as the latest tenant. |
October 30 2006 - Retail growth in works on city's east side
GREENCASTLE, IN - Officials with the Sandor Development Company of Scottsdale, Ariz., have acquired the option to buy approximately 25-30 acres of land just east of the Wal-Mart supercenter to construct a new retail center. |
October 24 2006 - Project offers RX for area
INDIANAPOLIS - Within a week, crews will start to raze a discount hotel at 16th and Meridian streets, making way for a Walgreens and a separate office or retail building. The project by locally based Sandor Development Co. is just the latest sign the long-struggling corridor is on the upswing, business and community leaders say. |
October 23 2006 - Retail Developments Progressing
BASTROP, LA — It's T-minus three weeks and counting for the opening of Bastrop's new Wal-Mart Supercenter ... Wal-Mart associates and vendors are working to get the 185,000 square-foot facility ready for shoppers. Outside the store, work is nearing completion on a $750,000 project to provide a left-turn lane for motorists coming to the store from the city. |
October 20 2006 - Casa Grande Phase II complete
CASA GRANDE, ARIZ.— Sandor Development Company is pleased to announce the completion of
its Phase II shops at Safeway Plaza in Casa Grande, located at 992 E. Cottonwood Lane.
This new construction, consisting of approximately 10,584 square feet, is currently home to
Leslie’s Poolmart, Rosati’s Pizza, VIP Nails and Comfy Home. With only three remaining suites
available and the continuation of rapid growth in the area, Sandor has started plans for Phase III
which will include approximately 38,000 square feet and two outparcels. |
September 21 2006 - ENID, OK - New Mall Planned
Sandor Development, a nationwide developer of shopping malls, is purchasing 115 acres adjacent to Wal-Mart Supercenter at Garriott and Garland and has plans for a 500,000-square-foot mall.
Target date for opening is fall of 2007. |
September 20 2006 - Developer has its eye on Princeton (IL)
PRINCETON, IL -- An Indianapolis development company has its eye on Princeton as the location of two
multi-unit retail shopping centers, to be situated near the Wal-Mart Supercenter.
Sandor Development Co. is looking at an eight-acre site north of Wal-Mart on the south side of Claude
Bailey Parkway. They began looking at Princeton approximately 60 days ago and hope to begin construction in
the summer of 2007. |
August 24 2006 - Sandor announces closing on Midtown Village
TULSA, OK – Sandor Development of Indianapolis purchased the 126,316-square-foot MidTown Village shopping center in Tulsa. While this marks the independent commercial property company’s first step into the Tulsa marketplace, it draws upon Oklahoma experience through ownership of the Best Buy store in Norman and the 32,000-square-foot Wal-Mart Plaza in Tahlequah. |
August 17 2006 - Hereford Brand (TX) - New Shopping Center Planned
An Arizona-based developer has been watching economic activity in Hereford and Deaf Smith County over the past couple of years and thinks this community is a good spot for development. |
August 16 2006 - Sandor announces sale, redevelopment of site
BULLHEAD CITY, AZ - Sandor Development Company is pleased to announce the redevelopment and eventual sale of its 4,500 square foot facility, a Riverview Mall outparcel building, in Bullhead City, Arizona. At the intersection of Marina Boulevard and Miracle Mile across from Riverview Mall, the site is currently undergoing redevelopment to create three separate suites. |
July 31 2006 - Sandor announces new hires in Scottsdale office
Two new leasing associates are welcomed to Sandor Development's Scottsdale division. |
July 21 2006 - Contractors completing external work on Wal-Mart Supercenter
BASTROP, LOUISIANA - Construction at the Wal-Mart Supercenter off U.S. 165 should be completed by mid-September, allowing company officials to begin moving merchandise into the store. |
July 10 2006 - Phase III Completed at Kingman, Arizona's Safeway Plaza
Sandor is pleased to announce the completion of its third and final phase of construction at Safeway Plaza, 3970 E. Stockton Hill Road. The shopping center is anchored by a 55,000 square foot Safeway, a national grocery chain. |
July 7 2006 - The Blue Crew Signs Lease With Sandor
Popular Indianapolis Colts fan club, "The Blue Crew," has signed a lease for a 3,840 square foot space in Indianapolis Pavilions located at 96th & Masters Road. With a licensed apparel gift shop on hand, the grill will be a place to talk Colts and meet with fans. |
June 30 2006 - Lattes and Coffee Attract Investor to Indiana
An undisclosed buyer based in Chicago purchased a 1,850-square-foot outparcel in the Wal-Mart Plaza at 2279 N. Morton St. in Franklin, IN. The property was purchased from Sandor Development for $1.25 million, or about $675 per square foot. |
June 29 2006 - Businesses Lease Space in Belpre
BELPRE, OHIO — Belpre is looking for businesses to fill the new development in the Kroger Shopping Center. “Three of the eight stores have been leased, but there are more spaces with the hopes of a future development,” said Kelly Young, developer associate with Sandor Development Co. in Scottsdale, Ariz. The development, called Belpre Commons, is between Kroger and the car wash in the shopping center at 1008 Washington Blvd. |
June 21 2006 - Commons entering second phase of building
CORINTH, MISSISSIPPI - Several more dining opportunities are expected to come to Corinth as new businesses open in and around the Corinth Commons shopping center where phase two construction is now in progress. |
June 19 2006 - Sandor Announces Sales
Sandor Development Company is pleased to announce the sale of two large shopping centers in Crowley, Louisiana, and Franklin, Indiana. |
May 20 2006 - Sandor to Show at ICSC Vegas Spring Convention
Don't miss Sandor Development Company at the 2006 ICSC Spring Convention in Las Vegas. Sandor will appear at Booth 258, Second Avenue and Leasing Suite Room N261 #13. Call 317.925.9011 to schedule a meeting. |
April 1 2006 - Retail Traffic Names Sandor Among Top 100 Owners
Sandor Development ranks among top 100 owners in the country with 6,136,926 square feet, according to Retail Traffic Magazine's 2006 "Completing The Collection" listing. |
April 1 2006 - Sandor Named Among Top 100 Managers
Making the cut again, Sandor Development is listed as one of the nation's Top 100 Managers by Retail Traffic Magazine. |
March 29 2006 - Citi Trends Leases 15,000 sf at Esquire Plaza
Georgia-based home decor and discount clothing retailer Citi Trends Inc. agreed to a lease for 15,000 square feet of retail space in the Esquire Plaza. |
March 27 2006 - Sandor Development Announces New Hires
Sandor Development Company, headquartered in Indianapolis with offices in Scottsdale, AZ and Richmond, VA, is pleased to announce new hires. |
March 3 2006 - Sandor Development Signs PETCO
INDIANAPOLIS, IN - Sandor Development Company, headquartered in Indianapolis with offices in Scottsdale, AZ and Richmond, VA, is pleased to announce a new lease signed for a 15,000 square foot retail space with PETCO, a specialty retail of "pet food, supplies and services." |